- INFY has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $59.3 million.
- INFY has traded 2.7 million shares today.
- INFY is trading at 2.28 times the normal volume for the stock at this time of day.
- INFY crossed above its 200-day simple moving average.
'Storm the Castle' stocks are worth watching because trading stocks that begin to experience a breakout can lead to potentially massive profits. Once psychological and technical resistance barriers like the 200-day moving average are breached on higher than normal relative volume, the stock is then free to find new buyers and momentum traders who can ultimately push the stock significantly higher. Regardless of the impetus behind the price and volume action, when a stock moves with strength and volume it can indicate the start of a new trend on which early investors can capitalize on. In the event of a well-timed trading opportunity, combining technical indicators with fundamental trends and a disciplined trading methodology should help you take the first steps towards investment success. EXCLUSIVE OFFER: Get the inside scoop on opportunities in INFY with the Ticky from Trade-Ideas. See the FREE profile for INFY NOW at Trade-Ideas More details on INFY: Infosys Limited, together with its subsidiaries, provides business consulting, technology, engineering, and outsourcing services in North America, Europe, India, and internationally. The stock currently has a dividend yield of 3.5%. INFY has a PE ratio of 21. Currently there are 3 analysts that rate Infosys a buy, no analysts rate it a sell, and 7 rate it a hold. The average volume for Infosys has been 3.5 million shares per day over the past 30 days. Infosys has a market cap of $37.1 billion and is part of the technology sector and computer software & services industry. Shares are down 1.1% year-to-date as of the close of trading on Tuesday. EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE. TheStreetRatings.com Analysis: TheStreet Quant Ratings rates Infosys as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, solid stock price performance and expanding profit margins. We feel its strengths outweigh the fact that the company shows weak operating cash flow. Highlights from the ratings report include:
- The revenue growth greatly exceeded the industry average of 26.9%. Since the same quarter one year prior, revenues slightly increased by 8.6%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
- INFY has no debt to speak of therefore resulting in a debt-to-equity ratio of zero, which we consider to be a relatively favorable sign. Along with this, the company maintains a quick ratio of 3.37, which clearly demonstrates the ability to cover short-term cash needs.
- Compared to where it was trading a year ago, INFY's share price has not changed very much due to (a) the relatively weak year-over-year performance of the overall market, (b) the company's stagnant earnings, and (c) other mixed results. Turning our attention to the future direction of the stock, it goes without saying that even the best stocks can fall in an overall down market. However, in any other environment, this stock still has good upside potential despite the fact that it has already risen in the past year.
- 40.07% is the gross profit margin for INFOSYS LTD which we consider to be strong. Regardless of INFY's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, INFY's net profit margin of 21.70% compares favorably to the industry average.
- You can view the full Infosys Ratings Report.
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